MNRE Issues Revised Standards For PM-KUSUM Scheme Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently updated its standards and specifications for solar photovoltaic (SPV) systems under the PM-KUSUM scheme. The government proposed to update the standards and specifications to include new technology and improve eqiopment used in such projects. The government has sought recommendations from the stakeholders till October 31, 2024. […] Read more
Top 5: Battery Energy Storage Projects Commissioned in India Updated On Mon, Oct 7th, 2024 by Saurenergy Battery energy storage systems (BESS) have solved a key challenge for renewable energy, addressing the fluctuating nature of sources like solar and wind. Globally, new solar and wind projects are now integrating modern energy storage systems to ensure a reliable energy supply. Countries like China, the US, and Australia are rapidly expanding their energy storage […] Read more
IEX September Update- Green Market Grows 214% Growth Updated On Mon, Oct 7th, 2024 by Saurenergy The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […] Read more
US Solar Prices Plummet, Battery Adoption Skyrockets: EnergySage Report Updated On Fri, Oct 4th, 2024 by Saurenergy EnergySage has released its 19th Intel Solar & Storage Marketplace Report, offering detailed insights into the US residential solar and storage market. The semiannual report analyses millions of transaction data points from January to June 2024, based on consumer activity across 48 states and Washington, D.C. The data highlights key trends such as falling solar […] Read more
Origin Cancels Hunter Valley Hydrogen Project Citing Slow Growth Updated On Fri, Oct 4th, 2024 by Saurenergy Origin Energy, one of Australia’s leading utilities, has announced its decision to abandon the AUD 207.6 million Hunter Valley Hydrogen Hub project, citing slow market development and significant financial and technological risks. The project, a joint venture with fertiliser manufacturer Orica, was poised to be one of the nation’s most advanced hydrogen developments and was […] Read more
TotalEnergies Launches Two Major Solar Farms with Battery Storage in Texas Updated On Fri, Oct 4th, 2024 by Saurenergy TotalEnergies has begun commercial operations at two utility-scale solar farms, Danish Fields and Cottonwood, in southeast Texas. Both projects, equipped with battery storage systems, have a combined capacity of 1.2 GW and are part of the company’s 4 GW renewable energy portfolio currently operational or under construction in Texas. Danish Fields, the company’s largest solar […] Read more
US Energy Storage Surges With Second-Highest Quarterly Record Updated On Fri, Oct 4th, 2024 by Saurenergy The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […] Read more
Runergy Announces Commencing Module Manufacturing At Alabama Updated On Fri, Oct 4th, 2024 by Saurenergy Runergy has recently announced the commencement of production at its module manufacturing facility in Huntsville, Alabama, USA. This move represents an important step in Runergy’s expansion into the North American market. The facility is set to fulfill its first customer orders this October, marking a new chapter for both the company and the local community. […] Read more
Cabinet Approves India to Join International Energy Efficiency Hub Updated On Fri, Oct 4th, 2024 by Saurenergy The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the signing of ‘Letter of Intent’ thus enabling India to join the ‘Energy Efficiency Hub’. India will join the International Energy Efficiency Hub (Hub), a global platform dedicated to fostering collaboration and promoting energy efficiency worldwide. This move solidifies India’s commitment to sustainable […] Read more
